AVIATION: The Wayward Avitruc

A plane contract, which has been up in the air since the Kaiser Motor Co. lost it. finally came down to earth last week on a broad Maryland runway. Fairchild Engine & Airplane Corp. of Hagerstown, Md. won the contract for 165 twin-engined Chase C-123 Avitruc transports by underbidding four other companies. Its bid, 10% under its nearest competitor, was close to the original Air Force estimate of $276 million for the big, potbellied assault transports.

The order was a double victory for Fairchild and its president, Richard S. Boutelle, 55. It meant...

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